11 Sep 2023 | 08:01
China inflation recovers in August
(Sharecast News) - China's consumer inflation recovered in August after dropping into negative territory the previous month, according to official data published on Saturday.
Consumer prices in the world's second-largest economy rose 0.1% on an annualised basis, compared with forecasts of a 0.2% increase.
Core inflation, which excludes volatile food and energy prices, was up by 0.8%.